Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What is a purchase return?
A buy purchase return occurs when a buyer profits products that it has bought from a provider.
Under the regular inventory system, the cost of the products that was returned is recorded as 1) a credit score to the common journal consideration Purchase Returns or the consideration Purchase Returns and Considerations, and 2) a charge to Records Due. (The supplier/seller will record the purchase return with a charge to Sales Returns and a credit score to Records Receivable.)
The credit score stability in the Purchase Returns consideration will partially offset the charge stability in the consideration Purchases.
Since the purchase return of bought products is time intensive (and therefore costly), having the separate common journal consideration Purchase Returns allows managers to quickly see the value of the profits.
Expertsmind.com offers unique accounting assignment help
Give a brief discussion of the existing traditional method of absorbing overheads
1. Coal is carried from a mine in West Virginia to a power plant in New York in hopper cars on a long train. The automatic hopper car loader is set to put 36 tons of coal in each c
State income tax In most declares paycheck accounting will involve a condition earnings tax. In those declares a company is necessary to hold the condition earnings tax that an
Which of the following statements are correct interpretations of a 95% confidence interval for μ? (a) 95% of the observations in the sample will be contained in the confidence i
Automatic interaction detector (AID) A method or the technique which uses a set of categorical explanatory variables to divide data into the groups which are relatively homoge
numericals
assume that your group is incorporating a business organization. you are required to present a detailed structure, business environment and organizational structure of the entity.
what is the basic difference between seasonal variation and cyclical variation
Volumes due to personal individuals or companies for products and/or services obtained by the state. Records Due does not involve amounts due to other companies, resources, or othe
1. Penny Pincher, Inc. had a contribution margin of $33,000 on sales of $50,000 and had fixed costs of $18,000. Calculate its break-even point in sales dollars. 2. Krueger Company
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd